Properties / 18377 W VILLA HERMOSA Lane
FHA ASSUMABLERate: 6.81%

18377 W VILLA HERMOSA Lane

$515,000
Surprise, AZ 85387
5 beds3 baths2,681 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$40,426 interest already paid off
Estimated Loan Balance$472,347
Cash to close$42,653
Est. Monthly PITI$3,528
Initial Loan Amount$477,816
Time on site9 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$42,653
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

**Better Than New with 3.99% Assumable Loan only $2278/mo (P&I) and $23K in interest already paid ** Built in 2025 this home is 2681sqft with 5 spacious bedrooms, 3 baths & 2 dens plus 8ft tall garage extended. The bright open floor plan features stylish finishes & boasts $50K in builder upgrades. The kitchen is the heart of the home, showcasing abundant cabinetry, generous counter space, a large quartz island & walkin pantry, all opening to the great room, perfect for entertaining. 1 bedroom & den downstairs then upstairs the primary suite provides a retreat with an ensuite bath & walkin closet plus 3 other bedrooms, a large upstairs laundry room, small loft area & a bonus room/den space. Private backyard is ideal for AZ with a covered patio, great pavers and low maintenance desert-scape.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $42,653. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms5
Bathrooms3
Square feet2,681
Property typeSingle Family
MLS #7070829
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$3,121/mo
Source est. payment (PITI)
$3,528/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$42,653

Asking price minus remaining loan balance. Closing costs are additional.

$0$42,653
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.